EGLD has been trading in the same channel since February. Good new for us is that this is an ascending channel. Additionally we have testing the middle of the channel multiple times over the last three months and each time we have been rejected. This is not that big of a deal since a move back to the middle of the channel from our current price is a 60% increase...
EGLD/USDT It has good growth potential !!
It seems EGLD/USDT is trying to form a Cup and handle pattern! as you Can see the Cup has been formed but the handle has yet to Complete after the Completion of the handle we Can expect the price to increase as much as the measured price movement! do you think that EGLD Can reach around 320$ or not?
Our more recent...
Elrond seems to be getting ready to break up this triangle 📐 and if successful I think there is chance for run to 297 and even higher. So EGLD , just show us some love!💕
ENTRY : local high @ 188
SL : local low @ 169
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LMIT - SL) @ 297
RRR : 6
INVALIDATION : when SL...
Ok i know a lot of people will not like this but i just want to share with you what i see on the logarithmic chart...It's just a scenario don't Panic... don't really like this Bart Simpson Head now... We all so have the bullish scenario with the cup & Handle.. but this can happen if Bitcoin is crashing... The eGOLD is forming a Rising Wedge for now.. The pole is...
- Elrond is pumping hard recent months and this trend should continue!
- As per my Elliott Wave count, i am expecting one more 5th wave to the upside.
- Out profit target can be top of the trendline, 1:1 FIB or 1:618 FIB (conservative target 0:618 FIB)
- The price is currently breaking out of the bull flag on the daily timeframe
- Expected duration of the...
Hi everyone, it's been a while, hope everyone is awesome !!
Just want to share quickly this bullflag formation with you, 2 projected possible prices are 281$ and 338$.
Last daily candle close was Bullish with a double bottom for the eGOLD.
I wish you the best of the best!
Egld broke up from the descending channel as we thought it would last week accounting on the bullish div spotted previously.
targets a re shown on chart, we expect a re-visit to the 225$ levels if it can maintain the volume and BTC doesn't ruin the party.
Trade safely guys, this is not financial advice.